Canada 10Y Yields Ease as Peace Hopes Cool Stagflation Fears

2026-04-17 14:07 By Juan Quintana 1 min. read

The Canadian 10-year government bond yield edged down to 3.4% on Friday, approaching one-month lows, following a global decline in sovereign yields as the reopening of the Strait of Hormuz temporarily eased inflation concerns.

Iran’s Foreign Minister said that the strait is now fully open to all commercial vessels for the duration of the 10-day ceasefire between Israel and Lebanon.

This led to a nearly 10% plunge in il prices.

The de-escalation has prompted global traders to increase bets on central bank rate cuts by year-end, with markets now pricing in a higher probability of dovish pivots.



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